https://www.taxtmi.com/caselaws?id=56928 The tribunal allowed the appeal in part, upholding additions related to deposits by Shri Hari Lal Paswan, Babulal, and Shri B. Lal due to lack of evidence on the genuineness and capacity of the depositors. However, the addition related to the deposit by Shri Lalit Ram Tewari was deleted as he had a valid license, engaged in regular transactions with the assessee, and was deemed capable of advancing the amount in question. The tribunal emphasized the importance of establishing the authenticity of deposits and the capacity of depositors, resulting in a mixed outcome for the parties involved. en-us Thu, 16 Oct 1986 00:00:00 +0530 Tue, 07 Dec 2010 13:48:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56928 The tribunal allowed the appeal in part, upholding additions related to deposits by Shri Hari Lal Paswan, Babulal, and Shri B. Lal due to lack of evidence on the genuineness and capacity of the depositors. However, the addition related to the deposit by Shri Lalit Ram Tewari was deleted as he had a valid license, engaged in regular transactions with the assessee, and was deemed capable of advancing the amount in question. The tribunal emphasized the importance of establishing the authenticity of deposits and the capacity of depositors, resulting in a mixed outcome for the parties involved. Case-Laws Income Tax Thu, 16 Oct 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56928